The first domain name service created especially for the Shibarium ecosystem will be launched, as the ShibariumID project has formally announced. This improvement, which is anticipated to be online as soon as next month, might be a key turning point for the Shiba Inu blockchain.
Proof of Human, a venture financing firm with a focus on fostering cutting-edge goods and technology in the field of digital identification, is funding the ShibariumID initiative. Despite the lack of precise information on Proof of Human and the ShibariumID team, the business does give detailed information about its four-person management team and its goals in the digital asset industry.
https://x.com/ShibariumID/status/1706864867615944746?s=20
ShibariumID’s major objective, according to the official website, is the launch of the “.shib” name service on Shibarium, which will provide SHIB aficionados the chance to obtain their own Web3 domains.
Key features
The ShibariumID platform has a number of features, such as a central discovery area where users may look for supported domains and trending collections. Auto-suggestions and rapid registration status checks are available to users to make the domain buying process simpler.
The site also has a dedicated domain trading market that pools liquidity from numerous sources. A uniform platform is also provided for simple maintenance chores including domain renewal, record-keeping, and ownership supervision.
ShibariumID plans to take a cut of every “.shib” domain sale in order to support the Shiba Inu ecosystem. The money raised will be used to burn SHIB, give to Doggy DAO, and fund charitable endeavours.
